Acquisitions and mergers
ABB expands automation offering with acquisition of Rotork
The transaction is expected to further strengthen ABB鈥檚 focus on electrification and automation and expand its offering for large and complex infrastructure and industries.
Steadfast Scotland and HPF Energy celebrate major milestones
This month marks the tenth anniversary of the acquisition of Steadfast Scotland by The Marla Group.
STATS Group acquires pipeline intelligence firm Pipelines 2 Data (P2D)
STATS Group strengthens global services capability with acquisition of pipeline intelligence firm P2D.
Wood Mackenzie: oil and gas companies must brace for tough 2026
Wood Mackenzie discloses oil and gas companies need to brace for tough 2026 as capital budgets fall and low-carbon spending faces further cuts.
Wabtec finalises acquisition of Evident鈥檚 Inspection Technologies division
Wabtec has completed the acquisition of Evident鈥檚 Inspection Technologies division, formerly part of the Scientific Solutions Division of Olympus Corporation.
Fox Innovation & Technologies (FOX) acquires Sirio Solutions Engineering (SSE) S.p.A.
SSE will add complementary services and international exposure to the FOX footprint.
Phillips 66 completes acquisition of EPIC NGL
Phillips 66 has announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of approximately US$2.2 billion.
Izomax acquires IK Engineering and IK Group US Inc.
Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.
Summit Midstream announces US$90 million acquisition of Moonrise Midstream
Summit Midstream Corp. has acquired Moonrise Midstream and provided an update on its operations in the DJ Basin.
MPLX announces agreement to acquire remaining 55% interest in BANGL pipeline system
MPLX LP has announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for US$715 million.